Kondrat buying at Gentor Resources (GNT)

Kondrat buying at Gentor Resources (V:GNT)

Arnold T. Kondrat, CEO, Director and 10% Holder, acquired 8,000,000 Common Shares on a direct ownership basis at a price of $0.050 through a prospectus or prospectus exempt offering on June 28th, 2018. This represents a $400,000 investment into the company's shares and an account share holdings change of greater than 100%.

Gentor Resources is in the Specialty Mining & Metals Sub Industry Group under the Basic Materials Sector.

Gentor Resources Inc. is a mineral exploration company. The Company is an exploration-stage company focused on the discovery and development of mineral resources. The Company operates through a segment, being mineral exploration project in Turkey. The Company is focused on the exploration of its Karaburun project in northern Turkey. The Company has operations in Turkey and Canada. The Karaburun Project is in the exploration-stage. The Karaburun Project is a metavolcanics and schist-hosted volcanogenic massive sulfide (VMS) system in forest terrain approximately 20 kilometers northwest of the town of Boyabat in the Sinop District of the Black Sea region, northern central Turkey. The Company has outlined approximately 2.5 kilometer-long gossanous, Besshi-style VMS mineralized system within Mesozoic Ophiolite-related mafic metavolcanics and schists. The Company has not generated any revenue from its planned operations.